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Md Robiul Islam
May 07, 2022
In ASK US ANYTHING
Internet finance is a sharp sword to break the monopoly of traditional banks. With its three-footed blade, Yu’ebao took the lead in Mexico Phone Number List launching this war, and then WeChat Caitong, Baidu Baifubao and other swords wielded together, and almost all Internet giants All have their sights set on this huge market. After that, the rise Mexico Phone Number List of P2P has given countless entrepreneurs a hope for the rise, and major P2P platforms have sprung up like mushrooms after a rain. In addition to incubating many internal star projects such as Dingdang Wallet, Wukong Wealth Management, Wecash Flash Silver, etc., P2P giants represented by 9Fu have also begun to fully support Internet financial entrepreneurship across the country. Held the launching ceremony Mexico Phone Number List of the "Nine Rich Cup" Internet Financial Entrepreneurship Competition, and has invested in Internet financial projects such as Fangling through the Beijing Division. Recently, the "Nine Rich Cup" Shanghai Station was successfully launched, trying to create a national Internet financial Mexico Phone Number List entrepreneurship. Then, in the era of national entrepreneurship, is the future of Internet finance the world of giants or the paradise of entrepreneurs? Traditional banks, borrowing O2O to fight back in an all-round way In the face of the comprehensive impact of Internet finance, traditional Mexico Phone Number List banks have also launched direct-selling banks, P2P platforms, online loans, baby wealth management, community banks, etc., combining online and offline, taking advantage of O2O to comprehensively counter Internet financial platforms. It is undeniable that such counterattacks by traditional banks have achieved certain results. First of all, traditional banks have operated offline for many years. They have a huge user base, especially the four major state-owned banks represented by Industrial and Commercial Bank of China, China Construction Bank, Bank of China, and Agricultural Bank of China. They have many long-term and stable Mexico Phone Number List corporate customer relationships. These customers Relationships are enough to maintain their standing in the financial world. And their baby wealth management and online loan Mexico Phone Number List businesses can also be built on the basis of these huge users. Secondly, the reason why many Internet financial wealth management platforms fail is the establishment of trust. Compared with pure Internet financial platforms, traditional banks are more likely to gain the trust of users. After all, wealth management is not a joke. In particular, traditional banks have obvious advantages in risk control. At least you will not easily see a traditional offline bank taking money and running away.
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Md Robiul Islam

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